Common use of Status of Title at Closing Clause in Contracts

Status of Title at Closing. At Closing, Seller will convey to Purchaser title to the Property by special warranty deed free and clear of monetary liens, but subject to all matters of record shown in the Approved Title Commitment and the existing encroachments (collectively, the “Permitted Encumbrances”).

Appears in 2 contracts

Samples: Purchase and Sale Agreement, Purchase and Sale Agreement

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Status of Title at Closing. At Closing, Seller will convey to Purchaser title to the Property by special warranty deed free and clear of monetary liensliens and encumbrances of record, but subject to all other matters of record shown in the Approved Title Commitment and the existing encroachments (collectively, the “Permitted Encumbrances”).

Appears in 1 contract

Samples: Purchase and Sale Agreement

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Status of Title at Closing. At Closing, Seller will convey to Purchaser title to the Property by special warranty deed free and clear of monetary liens, but subject to all other matters of record shown in the Approved Title Commitment and the existing encroachments (collectively, the “Permitted Encumbrances”)record.

Appears in 1 contract

Samples: Purchase and Sale Agreement

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